Objectives and Key Results, or OKRs, is a goal-setting methodology for organizations, teams, and individuals to set ambitious goals with measurable results.
OKRs should not include all of your organization’s work or track business-as-usual activities. Duplicating what already exists as tasks or procedures isn’t focusing on what matters.
"The Objective is the direction and the Key Results are the milestones..."
Peter Drucker develops Management by Objectives (MBO)
Andy Grove creates OKRs during his time at Intel
John Doerr learns about OKRs from Andy Grove
John Doerr introduces OKRs at Google
Google starts using OKRs to grow
Businesses worldwide use OKRs to grow
OKRs help you manage your F.A.A.T.E.
Is your organization’s focus clear to everyone so teams can make better decisions, prioritize, and execute effectively?
Alignment has five areas: purpose, strategy, organizational capability, resources, and management systems. Is your organization aligned in these areas?
Is everyone clear about their responsibilities, from the top down so effective work can be accomplished?
Do your employees know what’s happening around them, so they can adjust their goals while supporting the goals and work of others?
Do your employees know the purpose of what they’re doing and how their work benefits the organization, their coworkers, and customers?
Key Performance Indicators (KPIs) and OKRs go together. KPIs are a tool for evaluating performance. OKRs are used to drive performance improvement.
Dedicated software can play a big role in managing the scale and cadence of OKR implementation. How?